Average US gas price rises 22% in two weeks to record $4.43

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Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday the new price exceeds by 32 cents the prior record high of $4.11 set in July 2008.

CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon as Russia’s invasion of Ukraine is contributing to already-high prices at the pump.

in the short term as crude oil costs soar amid global supply concerns following Russia’s invasion of Ukraine.

 

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